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Pin to quick picksCostain Regulatory News (COST)

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Lapse of Proposed Merger

30 May 2013 07:00

RNS Number : 8434F
Costain Group PLC
30 May 2013
 



 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

 

FOR IMMEDIATE RELEASE

30 May 2013

 

Costain Group PLC

Further to its announcement on 25 April 2013, the Board of Costain Group PLC ("Costain") confirms that the proposed merger with May Gurney Integrated Services plc ("May Gurney") which was announced on 26 March 2013 (the "Proposed Merger") has lapsed in accordance with its terms.

The General Meeting of Costain shareholders convened in connection with the Proposed Merger was adjourned indefinitely on 8 May 2013 and will not be reconvened.

A copy of this announcement will be available at www.costain.com. 

The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

Rothschild, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting as financial adviser to Costain and no-one else in connection with the subject matter of this announcement and, subject to any liability under the Financial Services and Markets Act 2000 (as amended) and the regulatory regime established thereunder, will not be responsible to any other person other than Costain for providing the protections afforded to clients of Rothschild nor for providing advice in relation to the subject matter of this announcement, the contents of this document or any transaction, arrangement or other matter referred to in this document.

Investec, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting as broker to Costain and no-one else in connection with the subject matter of this announcement and, subject to any liability under the Financial Services and Markets Act 2000 (as amended) and the regulatory regime established thereunder, will not be responsible to any other person other than Costain for providing the protections afforded to clients of Investec nor for providing advice in relation to the subject matter of this announcement, the contents of this document or any transaction, arrangement or other matter referred to in this document.

END

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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